Neoen Kicks Off Yllikkälä Power Reserve Two

• Neoen has started construction of the largest battery in the Nordics, the Yllikkälä Power Reserve Two, to provide Fingrid with fast-response ancillary services and support Lappeenranta's ambition to become a leader in renewable energy. The 54MW/112.9MWh battery is expected to be operational in 2025.

Neoen has started work on the largest battery in the Nordics, the Yllikkälä Power Reserve Two (YPR2), near Lappeenranta, Finland. Nidec will have the overall responsibility for the 54MW/112.9MWh lithium-ion two-hour battery construction project and has already provided the battery containers, cells and inverters. It will be connected to Fingrid’s Yllikkälä substation and is expected to be operational in the first half of 2025. The battery will be used to provide Findgrid with fast-response ancillary services to balance production and consumption, ensuring the security and frequency of the power system. Neoen owns 100% of Yllikkälä Power Reserve Two and will be the long-term operator of the asset. The YPR2 is the third battery project in the Nordics for Neoen, who are a leading owner and operator of batteries globally, with a portfolio of 1489MW/3032MWh in operation or under construction. The development has been praised by Fingrid President and CEO Jukka Ruusunen, who said batteries are an excellent source of rapid flexibility and will significantly increase the supply of Fingrid’s reserve markets. Lappeenranta’s Acting Mayor Tuomo Sallinen has also welcomed the investment, which supports the city’s ambition to be a European leader in renewable energy and electricity storage solutions. Neoen Chairman and CEO Xavier Barbaro said the company is committed to accelerating the deployment of large-scale and long-duration batteries to enable a clean energy future.

What Benefits Will Neoen's YPR2 Battery Bring?

• Neoen's YPR2 battery will help in the transition to a more sustainable energy future, enabling renewable energy sources to be integrated into the grid more effectively.
• The battery will help to maintain the security and frequency of the power system, providing Fingrid with fast-response ancillary services to balance production and consumption.
• The battery will provide balancing reserves and help to reduce the load on the grid by allowing renewable energy sources to be used more efficiently.
• By providing more reliable energy storage, the YPR2 battery will help to reduce energy costs and significantly decrease carbon emissions.
• It will also help to create jobs in the region, as well as create new business opportunities for companies looking to invest in renewable energy and energy storage solutions.
• The YPR2 will be the largest battery in the Nordics and will be connected to Fingrid's Yllikkälä substation.
• When operational, it will be the third battery project for Neoen in the Nordics, and will form part of their portfolio of 1489MW/3032MWh in operation or under construction.